Question

BRAINLIEST to who answers! What is the function of a purchasing cooperative, or co-op?

Answer 1

Functions performed—cooperatives may perform one or more of three core functions: marketing products, purchasing supplies, and providing services. These functions further explain a cooperative's purpose and scope. Marketing cooperatives assist members in maximizing the returns they receive for the goods they produce. a

Answer 2

A purchasing cooperative is a type of cooperative arrangement which agrees to bring down demanded products to get lower prices from suppliers. Retailers' cooperatives are a form of purchasing cooperative. It is often used by government agencies to reduce costs of buying such products.